Vashishtha Luxury Fashion IPO Date, Review, Price, Allotment Details
The Vashishtha Luxury Fashion IPO will open on September 5, 2025, and close on September 10, 2025. It is a Book Built Issue through which the company intends to raise approximately ₹8.87 crores. The issue comprises a fresh issue of ₹8.87 crores along with an Offer for Sale of [.] equity shares having a face value of ₹10 each.
The price band has been fixed at ₹109 to ₹111 per share. The allocation structure reserves 50% for QIBs, 15% for HNIs, and 35% for retail investors. The IPO is proposed to be listed on the BSE SME platform on September 15, 2025, with the allotment date set for September 11, 2025.
In terms of financial performance, the company recorded revenue of ₹7.45 crores in FY 2024, compared to ₹6.86 crores in FY 2023. However, net profit declined to ₹0.32 crores in FY 2024 from ₹1.05 crores in FY 2023. Considering the performance, analysts suggest that this IPO may be more suited for long-term investors.
Vashishtha Luxury Fashion IPO Details
IPO Open Date: September 5, 2025 IPO Close Date: September 10, 2025 Face Value: ₹10 Per Equity Share IPO Price Band: ₹109 to ₹111 Per Share Issue Size: Approx ₹8.87 Crores Fresh Issue: Approx ₹8.87 Crores Lot Size: 1200 Shares Issue Type: Book Built Issue IPO Listing: BSE SME Retail Quota: Not more than 35% QIB Quota: Not more than 50% NII Quota: Not more than 15% DRHP Draft Prospectus: Click Here
Vashishtha Luxury Fashion IPO Market Lot
The Vashishtha Luxury Fashion IPO minimum market lot is 2,400 shares with ₹2,66,400 application amount.
Application Lot Size Shares Amount Retail Minimum 2 2,400 ₹2,66,400 Retail Maximum 2 2,400 ₹2,66,400 S-HNI Minimum 3 3,600 ₹3,99,600 S-HNI Maximum 7 8,400 ₹9,32,400 B-HNI Minimum 8 9,600 ₹10,65,600
Vashishtha Luxury Fashion IPO Dates
The Vashishtha Luxury Fashion IPO will open on September 5 and close on September 10. The allotment is scheduled for September 11, with the listing date set for September 15.
IPO Open Date: September 5, 2025 IPO Close Date: September 10, 2025 Basis of Allotment: September 11, 2025 Refunds: September 12, 2025 Credit to Demat Account: September 12, 2025 IPO Listing Date: September 15, 2025
Promoters of Vashishtha Luxury Fashion IPO
The promoters of the company are Mr. Ravindra Dhareshivkar, Mr. Mustak Odiya and Ms. Archana Odiya.
About Vashishtha Luxury Fashion IPO
Vashishtha Luxury Fashion Limited, established in 2010, is a leading exporter of high-fashion hand embroidery, accessories, and finished garments, catering to both couture and prêt-à-porter (ready-to-wear) segments. The company serves major global markets including Europe, the UK, the USA, Australia, and Turkey, offering a diverse product portfolio that spans apparel with innovative embroidery and premium fabrics and fashion accessories such as handbags, earrings, brooches, and footwear, as well as advanced embroidery solutions including computerized thread work, sequin designs, and digital fabric printing. Through its subsidiary, Vashishtha Embroidery Private Limited, the company operates a dedicated sample unit in Mumbai, enabling it to deliver customized solutions for international fashion brands. As of September 30, 2024, it employed 26 skilled professionals, combining creative expertise with efficient operations to strengthen its global presence in the luxury fashion industry.
Vashishtha Luxury Fashion IPO Company Financial Report
The company reported revenue of ₹7.45 crore in 2024, up from ₹6.86 crore in 2023. The company reported a profit of ₹0.32 crore in 2024, compared to a profit of ₹1.05 crore in 2023.
Amount in Crores (₹)
Period Ended Revenue Expense Profit After Tax Assets 2022 ₹4.24 ₹4.13 ₹1.05 ₹7.03 2023 ₹6.86 ₹5.38 ₹1.05 ₹7.41 2024 ₹7.45 ₹6.91 ₹0.32 ₹7.89
Vashishtha Luxury Fashion IPO Valuation – FY2024
Check Vashishtha Luxury Fashion IPO valuation details like Earning Per Share (EPS), Price/Earning (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 17.95% ROCE: 33.50% EBITDA Margin: 10.19% PAT Margin: 4.47% Debt-to-equity ratio: 1.83 Earning Per Share (EPS): ₹2.87 (Basic) Price/Earning Ratio: N/A Return on Net Worth (RoNW): 19.66% Net Asset Value (NAV): ₹15.98
Peer Group Comparison
- There are no listed companies in India.
Objects of the Issue
- Funding the capital expenditure requirement of the Company towards the purchase of Embroidery Machines for expansion
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- General Corporate Purposes
Vashishtha Luxury Fashion IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Pvt. Ltd.
Company Address
Vashishtha Luxury Fashion Ltd.
307 and 308, Sun Industrial Estate,
Sun Mill Compound, Lower Parel West,
Delisle Road, Mumbai, Maharashtra, 400013
Phone: +91 22 4972 3618
Email: cs@vashishthaluxuryfashion.c
Website: http://www.vashishthaluxuryfashion